Unit 4 Vocabulary Flashcards
Received when you start a job(2 answers).
i-9 & W-4
Used to prove that you’re eligible to work in the US.
i-9
Must provide forms of identification to submit.
i-9
Must list information about family and yourself
W-4
Determines how much money gets taken out each paycheck
W-4
Received in January
W-2 & 1099
One for every job you work
W-2
Can tell how much you earned and how much you paid in taxes
W-2
If you’re not an employee you can get it if you were paid by an employee
1099
Can come in other forms: gains, losses in brokerage accounts, dividend and interest payments.
1099
If received, you didn’t get taxes withheld, so you might have a big tax bill.
1099
Completed every April
1040
Can be used by anyone
1040
A lot to fill out
1040